David A. Williams, Mai, Ai-Grs, R/W-Ac Email and Phone Number

• Appraising conventional office, retail and multifamily properties for lenders for funding transactions.• SANBAG, I-15 & I-215 Devore Interchange Project. Provided appraisals for acquisition of an aerial easement utilized by a freeway billboard sign.• Riverside County Commission, SR-91 Corridor Improvement Project. Provided appraisal review for acquisitions of commercial and residential properties. • Provided appraisal to value the acquisition of 2,300 acres of Kern County desert land with full entitlements for the construction of a 230 mW utility-scale, photovoltaic solar generating facility. Subsequently, developed a market rent analysis for a regional utility company to evaluate leasing a portion of the site to a private energy consortium. Involved extensive analysis on the viability of utility-scale solar power projects.• Appraised the vacation of a portion of a city street with a cul-de-sac for a lot tie with an adjacent city-owned parcel for possible sale to a mixed-use developer. Also appraised a right of way acquisition for road widening that included an automobile dealership. Multiple scenarios included demolishing the building and using a cut-and-face technique to save the building.• Mountains, Recreation & Conservation Authority, Land Appraisals. Appraised 400 acres of Simi Hills land with an extensive highest and best use analysis on subdivisions versus luxury estate development.• Appraising conventional office, retail and multifamily properties for lenders for funding transactions.

• Performed complex highest and best use analyses for fee acquisitions by public agencies. Appraisal problems included multiple zonings on site, functional and external obsolescence, growth corridors and federally-owned (unzoned) areas, e.g., Vandenberg AFB and March ARB. • Completed market rent analyses for arbitration. Appraisal problems included determination of vague contractual language and building leasing rates using the “zones of value” approach.• Performed leasehold valuations. Appraisal problems included city-held land and tenant construction loans based on the value of the tenant’s lease payment schedule.• Analyzed feasibility of properties for acquisition by investors. Appraisal problems included key tenant’s renewal probability and the development of the appropriate retention scenario.• Considerable recent experience in rights of way work for Overland, Pacific and Cutler, and Paragon Partners.• Experienced in student housing, land development scenarios, and the acquisition and leasing of easements.• Clients include: U.S. General Services Administration (GSA), State of California, County of Los Angeles, City of Los Angeles, City of Bellflower, City of Inglewood, City of Ontario, various law firms and lending institutions.